Christian Educational Consortium
Analysis
Christian Educational Consortium is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2024, Christian Educational Consortium reported income of $612k and spending of $558k, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $409k to $612k (+50%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 17%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Christian Educational Consortium sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Vermont Businessess for Social Responsibility Resrch & Edctn FDTN ($612k), Operation Graduation ($612k) and Entrepreneurs Academy ($612k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $123k (22% of expenses). Other salaries and wages came to $73k. At year end it held assets of $529k against liabilities of $233k, net assets of $296k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 75%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vermont Businessess for Social Responsibility Resrch & Edctn FDTN | Burlington | $612k |
| Operation Graduation | Detroit | $612k |
| Entrepreneurs Academy | Chicago | $612k |
| Lowell Milken Center for Unsung Heroes Inc | Fort Scott | $612k |